2025.07.1813:43:24UTC+00S&P and Nasdaq at Record Levels

The S&P 500 saw a slight increase of 0.2% on Friday, while the Nasdaq climbed by 0.4%, building on gains after both indices reached record highs the previous day. Conversely, the Dow Jones remained relatively unchanged as investors continued to monitor corporate earnings and recent market developments. Notably, Alphabet and Tesla, which are set to unveil their quarterly earnings next week, experienced respective increases of 0.7% and 1.6%. Charles Schwab rose by 4.4% following strong earnings and revenue announcements, and Chevron's shares increased by 1% upon concluding its $53 billion acquisition of Hess. In contrast, Netflix's stock declined by 4.7% despite outperforming expectations on revenue and earnings per share, while American Express fell by 2.5% even as it reported record revenue. Over the course of the week, the S&P 500 rose by 0.6%, the Nasdaq surged by 1.5%, and the Dow Jones increased by 0.3%. These gains were bolstered by positive economic indicators from the US, including strong retail sales figures and lower-than-anticipated core CPI and PPI results, providing some assurance of the economy's current state.